Organization:SHSO-Administrative Payroll
Position Overview:The Vice President, Chief Financial Officer (CFO), Service Line has overall responsibility for the finance operations of all the Service Lines within Sutter Health and the oversight of the centralized business case function. The primary functions of the role include, but not limited to, monthly close, forecasting, budgeting, performance management, capital management, cost accounting, and business cases development including standard processes and models. The CFO, Service Line assures that cost-effective services are provided to the communities within the division; exercises necessary, appropriate authority and accountability for the administration and long-term planning for the Service Lines; provides direction to the Service Lines in adhering to system-level standards; maintains effective employee, medical staff, community, and Board relations; promotes positive community contacts and relationships.
Job Description:
Key Responsibilities:Operational & Clinical Excellence- Lead foundation operations to achieve high standards for quality, safety, access, service and patient experience.
- Partner closely with market dyad leaders, medical staff and other clinical and operational leaders to strengthen performance and advance integrated care.
- Establish and monitor key performance measures, proactively identifying opportunities and taking corrective action when needed.
- Champion continuous improvement across the organization, using data and performance insights to improve quality, efficiency and outcomes
- Ensure appropriate safeguards are in place for patient safety, emergency preparedness, quality improvement and risk management.
- Maintain compliance with applicable regulatory, licensing and accreditation requirements.
- Advance Sutter Health standards, policies and practices that promote consistent, high-quality care across the market.
Financial Stewardship- Provide executive oversight of the foundation's financial performance, ensuring resources are managed responsibly and in alignment with organizational goals.
- Lead the annual operating and capital budgeting processes, quarterly forecasting and long-range financial planning.
- Monitor financial performance against established targets and drive timely corrective action when needed.
- Maintain effective financial controls and ensure financial reporting is completed in accordance with Generally Accepted Accounting Principles (GAAP).
- Develop and evaluate business cases for strategic growth opportunities and significant capital investments.
- Partner with operational and clinical leaders to balance financial performance with quality, access and growth priorities.
Strategy, Growth & Business Develoment- Help shape and execute the foundation's strategic direction in alignment with market and Sutter Health priorities.
- Translate strategic plans into measurable operational priorities and monitor progress toward established goals.
- Lead and support business development, service-line growth and market integration opportunities.
- Develop business plans that support sustainable growth, including expansion of service lines and centers of excellence.
- Identify emerging healthcare and market opportunities and evaluate their strategic, operational and financial potential.
- Provide clear updates on strategy and organizational performance to senior leadership, the Board, medical staff and other key stakeholders.
System Integration & Partnership- Strengthen integration between the foundation, market and broader Sutter Health system through close partnership with market dyad leaders and system functions.
- Build productive relationships across clinical, operational and administrative teams to advance shared priorities.
- Champion systemwide integration and standardization efforts that improve quality, patient safety and operational effectiveness.
- Identify opportunities to expand and coordinate services across the market.
- Foster strong, collaborative relationships with physicians and the organized medical staff.
Community & External Relations- Serve as a visible representative of Sutter Health and strengthen relationships with community, business and government partners.
- Develop productive working relationships with local, state and federal stakeholders as appropriate to support organizational priorities.
- Participate in community and professional organizations and other activities that strengthen awareness of Sutter Health and the services available in the communities we serve.
People & Leadership- Build, develop and retain a diverse, high-performing leadership and finance team.
- Create an environment of accountability, collaboration, continuous improvement and professional growth.
- Coach and mentor leaders, supporting succession planning, career development and organizational capability.
- Lead regular talent reviews and development planning to strengthen the leadership pipeline.
- Model the trust, credibility and collaboration needed to lead effectively across a complex, integrated healthcare system.
Education- Bachelor's degree in business, finance, accounting or a related field required.
- Master's degree in business, healthcare administration, hospital administration or a related field preferred.
- Certified Public Accountant (CPA) designation preferred.
Experience- Approximately 10 or more years of progressive healthcare leadership experience spanning financial management, operations and performance improvement within a complex healthcare environment.
- Experience working within multi-entity, managed care and integrated healthcare delivery environments.
- Demonstrated experience supporting the financial viability and operational performance of healthcare organizations through data-driven analysis and decision-making.
- Experience developing and leading teams in a complex, evolving healthcare environment.
- Demonstrated success partnering with physicians, senior executives, boards and other key stakeholders.
Knowledge & Skills- Strong understanding of integrated healthcare delivery systems and healthcare financial relationships, including physician and facility economics, managed care and capitated environments.
- Strong knowledge of GAAP, healthcare finance, budgeting, forecasting and cost management.
- Working knowledge of healthcare regulatory, compliance and accreditation requirements.
- Broad understanding of healthcare operations, strategic planning, physician relationships, patient care and workforce management.
- Proven ability to lead organizational transformation, operational improvement and financial performance initiatives.
- Exceptional strategic thinking, analytical and business judgment, with the ability to turn complex information into clear decisions and action.
- Strong executive communication, presentation and relationship-building skills, with the ability to influence across organizational boundaries.
- Demonstrated ability to build trust and credibility with physicians, executives, employees and community stakeholders.
- Ability to lead effectively through change, ambiguity and competing priorities.
- Experience with Lean or other continuous improvement methodologies preferred.
Additional Details: This role requires residence within the Sutter Health footprint of Northern California and the ability to travel throughout.
Job Shift:Days
Schedule:Full Time
Days of the Week:Monday - Friday
Weekend Requirements:As Needed
Benefits:Yes
Unions:No
Position Status:Exempt
Weekly Hours:40
Employee Status:Regular
Pay Range is $402,200.00 to $544,200.00 / annual salary
The posted pay range is based on the position's primary work location. Candidates who reside and work outside of that location may be subject to a different pay range based on their work location. Candidate starting salaries consider multiple factors, including, but not limited to a candidate's experience, education, skills, licensure, certifications, departmental equity, training, and organizational needs. Base pay is only one component of Sutter Health's comprehensive total rewards program. Eligible positions also include a comprehensive benefits package.
